Shawbrook Unveils Innovative CapEx Loan to Fuel UK SME Growth
Shawbrook has announced the launch of a new loan product specifically designed to empower UK small and medium-sized enterprises (SMEs) in their growth aspirations. The CapEx Loan is a fixed-term, unsecured loan offering financing of up to ￡100,000.
This new product distinguishes itself by addressing a critical gap in traditional SME financing options.? While asset finance caters to tangible assets, the CapEx Loan bridges the divide by supporting investments in both tangible and intangible capital expenditure, a crucial area often overlooked by standard loan solutions.
SMEs can now leverage the CapEx Loan to invest in essential, growth-oriented expenses such as tangible assets, refurbishments, and IT costs. Examples of funded deals include:
The CapEx Loan empowers ambitious SMEs to unlock their full growth potential without the limitations of traditional financing structures.
By using the funding for business investment ambitions, SMEs can benefit from more favourable terms compared to standard business term loans. This approach allows Shawbrook to tailor its offerings and deliver greater value to its SME clients.
Stuart Doignie , managing director of Digital SME at Shawbrook, said:
"The UK SME landscape is brimming with ambition, yet often the right kind of financing remains elusive. Traditional options often fall short when it comes to supporting the diverse needs and complexities of capital expenditure investments.? We're pleased to introduce the CapEx Loan, a solution specifically designed to fill this gap and provide SMEs with the flexible and customised support they require to thrive."
If you are a broker looking for innovative ways to support your client's growth plans, find out more about CapEx Term Loan here.